DEPARTMENT OF INCOME

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Definitions

1. Department 7, Treasury Division. Its product is all funds collected for services and sales. (BPL 11 Sept 75)

2. the purpose and action of a Dept of Income is not only to invoice money but to contribute to the solvency of the org or vessel by actually bringing in the income by industry of collection actions. (FO 2694)

3. Dept 7, Division 3. It persuades payment of cash or increase in purchase whenever possible. Collects outstanding notes by monthly statements. Collects outstanding notes through field staff members via Dept 17. Gets all mail orders invoiced and/or collected so they can be shipped at once. (HCO PL 20 Nov 65)